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PTBNL question...

itsernst

By itsernst
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RShack Hangout Grand Counsel

RShack

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How does it work? When a trade is made, what are the stipulations of the PTBNL? Never knew the answer to this...

Depends. Usually, it's a list of guys agreed to ahead of time, and the team that's owed one of them can pick who they want from the list.

Not sure, but I think sometimes there's a gentleman's agreement about performance: if the guy we got does good, then you can pick a PTBNL from this list, but if he doesn't, then you pick from that list.

AFAIK, teams have latitude to work out the details however they want.

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Mark Carver All-Star

Mark Carver

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From Cot's Baseball Contracts

A transaction including a player to be named later must be completed within six months. The player may not be an active Major Leaguer player during the interval between the trade and the date the player is named. As a result, most players to be named later are minor leaguers.

At the time of a trade, clubs sometimes agree on a list of players from which the player to be named will be selected. They also may agree on an amount of money to be exchanged in lieu of a player.

Clubs may include a player to be named later in a trade if a player is not eligible to be traded. For example, once a draft pick signs a professional contract, he may not be traded until an entire year has elapsed (the Pete Incaviglia Rule). Additionally, a player on a minor-league reserve list may not be traded between November 20 and the Rule 5 draft in December, so trades during that window may include a PTBNL.

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Migrant Redbird All-Star

Migrant Redbird

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A transaction including a player to be named later must be completed within six months. The player may not be an active Major Leaguer player during the interval between the trade and the date the player is named. As a result, most players to be named later are minor leaguers.

Which is why some PTBNL trades involve players who are on the DL and can't be traded until they come off.

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